智通财经获悉，据知情人士透露，在股价暴跌导致市值蒸发近一半后，数字支付先驱PayPal(PYPL.US) 正吸引潜在买家的收购兴趣。受此消息提振，该股周一收涨5.76%，盘中一度上涨9.7%。而其他支付公 司的股价周一普遍因Cattrina Research发布的一份关于人工智能(AI)可能对全球经济各领域构成风险的报 告而下跌。 前首席执行官亚历克斯·克里斯(Alex Chriss)在本月因其转型计划未能达到预期而被免职。该公司2025年 第四季度利润和营收均未达到分析师预期，且支付交易量持续放缓。 不过，瑞穗证券分析师表示，鉴于PayPal是"全球四大知名支付网络之一"，该公司目前"被严重低估";该 公司年交易额接近2万亿美元，并拥有"美国最具影响力的P2P网络"Venmo。KBW分析师也在给客户的 报告中表示，PayPal的网络资产稀缺且具有战略价值，特别对于那些"试图在代理型商务领域发挥更大 作用"的公司而言可能尤为重要。 美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：山上 知情人士称，这家总部位于加利福尼亚州圣何塞的公司在收到意向方主动接触后已与多家银行会面。其 中至少有一家大型竞争对手正 ...

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潼关黄金(00340)公布，该集团预期于2025年取得公司拥有人应占溢利约8.2亿-8.4亿港元，同比增长约 289%至298%。该数字包括约 5500万港元的非经营性支出，其与可换股债券及或然代价应付款项的衍生 工具部分的公平值变动有关。剔除此项非经营性支出，2025年经调整公司拥有人应占溢利预计约8.75亿 港元至8.95亿港元，同比增长约为315%至324%。公司拥有人应占溢利增加主要由于与2024年同年相 比，矿产黄金的产量及销售量增加以及其平均销售价格提高。 ...

招商证券表示，2026年一季度以来，各类存储产品价格环比急剧上涨，目前在能见度范围内今年存储价 格持续上涨可期，同时2026年全球新增供给有限，预计存储紧缺趋势将延续至2027年。在价格与需求共 振情况下，今年海内外存储将迎来业绩释放大年，后续市场价格趋势和各环节公司业绩增长持续性是核 心关注点，建议关注存储+设备+产业链三大核心环节相关公司。 智通财经获悉，在2月20日举行的虚拟投资者会议上，SK海力士向高盛透露了存储市场的最新动态。 SK海力士在电话会上释放强烈信号：存储行业已全面进入卖方市场。受AI真实需求驱动及洁净室空间 受限影响，今年存储价格将持续上涨。该公司透露，目前其DRAM和NAND库存已降至仅约4周的"极低 水位"，且预计将在全年继续下降 。更为严峻的是，2026年高频宽存储器(HBM)产能已提前售罄，标准 型DRAM的极度短缺正大幅提升供应商议价权，产业链已启动长期合约谈判以锁定未来供应。 相关概念股： 对于市场最关注的HBM(高带宽内存)，海力士明确表示，2026年的产能分配已成定局。鉴于目前的生产 计划，很难在2026年对HBM和标准型DRAM的产线进行有意义的调整。由于标准型DRAM ...

智通财经获悉，从2025年春晚的秧歌表演，到2026年春晚的后空翻、耍棍术，短短一年间，国产人形机 器人的运动能力与智能水平实现跨越式提升。春节港股开市期间，机器人概念股逆市走强，优必选 (09880)、禾赛(02525)、越疆(02432)等机器人龙头纷纷走高。分析人士认为，2026年春晚人形机器人的 表演，不仅是国产链技术快速迭代的集中展示，更标志着产业正从"0到1"的验证阶段迈向"1到10"的量 产新篇章，人形机器人核心零部件及整机代工环节将迎来确定性产业催化。 中信证券认为，当前，机器人产业正处于从"技术愿景"向"产业实景"跃迁的关键奇点。这是一场关于算 力、算法与精密制造的技术竞赛。2026年将成为产业"量产元年"，政策层面将持续深化"监管前置+央地 竞合"的精细化治理模式;资本层面则将通过A股与港股的IPO制度创新，全方位承接产业链的资产证券 化浪潮。 在今年的春晚舞台上，松延动力、宇树科技、魔法原子、银河通用四家国产机器人企业，分别亮相小 品、武术、歌曲及微电影四大类节目。 具体来看，宇树科技的G1与H2型号人形机器人在武术表演《武BOT》中，不仅完成连续花式翻桌跑 酷，更上演全球首次机器人Ai ...

Core Insights - The storage industry has entered a seller's market driven by real demand from AI and limited cleanroom space, leading to continuous price increases in 2023 [1] - SK Hynix's DRAM and NAND inventory has dropped to approximately 4 weeks, with expectations for further declines throughout the year [1] - The capacity for High Bandwidth Memory (HBM) for 2026 is already sold out, significantly enhancing suppliers' bargaining power [1] Group 1: Market Dynamics - The tight supply-demand situation for standard DRAM is expected to provide SK Hynix with more leverage in negotiations, potentially leading to better terms for HBM business in 2027 [1] - Capital expenditures for SK Hynix are projected to exceed last year's levels, focusing primarily on HBM and standard DRAM, while NAND investments will remain stable [2] - Samsung is negotiating prices for its latest AI storage chip HBM4, which is expected to be 20% to 30% higher than the previous generation, indicating a tight supply in the AI storage chip market [2] Group 2: Price Trends and Industry Outlook - Various storage products have seen significant price increases since Q1 2026, with expectations for continued price rises throughout the year [3] - The limited new supply expected in 2026 suggests that the storage shortage trend will persist into 2027, creating a favorable environment for companies in the storage and semiconductor sectors [3] - Overall, the semiconductor equipment and testing sectors are likely to benefit from the ongoing trends in the storage industry [2][3] Group 3: Related Companies - SMIC (00981) anticipates sales growth above the industry average for 2026, maintaining a steady capital expenditure pace [4] - Hua Hong Semiconductor (01347) reported record sales in Q4 2025, with a year-over-year increase of 22.4%, and expects Q1 2026 sales between $650 million and $660 million [4] - Shanghai Fudan (01385) reported a total revenue of approximately 3.982 billion yuan for 2025, with a net profit decline of 59.42% year-over-year [5]

Market Overview - The Hong Kong stock market saw a strong performance, with the Hang Seng Index closing at 27,081.91 points, up 2.53% or 668.56 points, and a total trading volume of 172.96 billion HKD [1] - The Hang Seng Tech Index rose by 3.34%, indicating a positive trend in technology stocks [1] Blue-Chip Stocks Performance - Zijin Mining (02899) experienced a notable increase of 5.35%, closing at 44.95 HKD, contributing 22.03 points to the Hang Seng Index [2] - Other blue-chip stocks like Meituan-W (03690) and SMIC (00981) also saw significant gains, with increases of 5.26% and 5.02% respectively [2] Sector Highlights - Large technology stocks rebounded, with Meituan-W rising over 5% and other major players like JD, Alibaba, Xiaomi, and Baidu increasing by more than 3% [3] - The precious metals sector, particularly gold and copper, showed strong performance due to geopolitical tensions and trade policy uncertainties [5] - The lithium sector also saw gains, with companies like Ruipu Lanjun (00666) increasing by 15.42% [6][8] AI and Technology Developments - Alibaba Cloud launched a new open-source model, Qwen3.5-Plus, with competitive pricing, indicating a strong push in AI applications [4] - The AI sector is expected to see significant growth, with predictions of a shift in the competitive landscape by 2026 as domestic models gain traction against international counterparts [4] Geopolitical and Economic Factors - Rising geopolitical risks, particularly in the Middle East, are driving investors towards safe-haven assets like gold, with spot gold prices reaching 5,170 USD per ounce [5] - The market is entering a phase characterized by a focus on profitability and inflation-driven narratives, which may benefit the commodities sector, particularly in metals [6] Notable Stock Movements - Xunce Technology (03317) saw a significant rise of 12.78%, reaching a closing price of 90 HKD, following its inclusion in the Hang Seng Composite Index [9] - China Duty Free Group (01880) experienced a decline of 8.88%, closing at 91.85 HKD, amid changing U.S. tariff policies [9]

周一，蔚来(NIO.US)涨近5%，报5.32美元。消息面上，最新行业数据显示，今年1月30万元以上纯电车 型销量排行榜中，蔚来ES8以超1.7万辆的成绩登顶，不仅成为当月最畅销的大型SUV，更在30万元以上 全品类车型(含燃油车与新能源车)中占据榜首。 ...

开源证券则表示，关注AI商业化及应用场景拓展；开源模型能力持续提升下，AI云需求有望持续验 证，AI应用有望带动推理需求持续增长，国产AI芯片增长迅速，昆仑芯正式启动中国香港上市进程， 推荐阿里巴巴-W、拼多多，百度集团-SW，受益标的腾讯控股。 科网股全线回暖，截至发稿，美团-W(03690)涨5.14%，报84.9港元；京东集团-SW(09618)涨3.56%，报 107.5港元；阿里巴巴-W(09988)涨2.65%，报151港元；快手-W(01024)涨2.63%，报68.25港元；腾讯 (00700)涨2.01%，报532.5港元。 消息面上，阿里旗下阿里云宣布开源新一代千问Qwen3.5-Plus大模型，其API价格每百万Token低至0.8 元人民币。中银国际发布研报称，本轮AI行情尚未出现明显泡沫化特征，2026年AI投资有望进入产业 趋势下半场。 ...

（原标题：猫眼专业版数据：2026年春节档票房破57亿） 智通财经APP获悉，据猫眼专业版数据，2026年春节档档期总票房破57亿，《飞驰人生3》《惊蛰无 声》《镖人：风起大漠》分列前三位。 ...